#economic forecasts

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www.independent.co.uk
4 months ago
UK news

Lack of budget details led to work of fiction' forecasts last year, says OBR chief

Jeremy Hunt's economic forecasts last year were criticized by the Office for Budget Responsibility for being based on questionable assumptions.
The OBR chair, Richard Hughes, warned that the tiny margin for error in the government's debt-reduction rules leaves little room for changing assumptions and data revisions. [ more ]
#Federal Reserve
www.nytimes.com
6 months ago
Business

Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn

Fed officials are considering whether to raise interest rates to cool the economy and control inflation.
Minutes from the Fed's meeting indicate that further tightening of monetary policy may be needed if inflation progress is insufficient. [ more ]
www.nytimes.com
6 months ago
Business

Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn

Federal Reserve officials are considering whether to raise interest rates again to cool the economy and combat inflation.
The minutes from their meeting in October-November show that further tightening of monetary policy would be considered if progress towards the inflation objective was insufficient.
Investors are expecting a pause in rate hikes and are eagerly awaiting the December meeting for more clues about future policy decisions. [ more ]
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